Dr. Mike Grossman is managing Magna Business Development

Mike_GrossmanDr. Mike GrossmanMike@MagnaBizDev.comis managing Magna Business Development www.magnabizdev.com, of Herzlia, Israel. Magna is a consulting group dedicated to serving the business development needs of early stage technology companies and work with investors and industrial partners in Israel and abroad.Mike joined Scitex in Israel in 1979, as Corporate Marketing Manager and later went on to develop and manage the Asian, South African and Oceania division. After 5 years at Scitex, Mike managed several technology startups before he started Magna Business Development in 1992.

Scitex Corp. Annual Meeting to approve bonus for former CEO?

 

Scitex Corp called for Annual General Meeting, December 31 @ 12:00 noon in the Company’s (new) offices at 3 Azrieli Ctr, 45th floor, Tel Aviv. In a letter to its shareholders the Company put for a vote (among other items) adoption of Stock Option plan and “…term of compensation & severance of the former President/CEO, who was a Director at the Company…” .
During 2001 the Company’s shares dropped by 60%, from $10 to $4 per share.
All shareholders are encouraged to attend the meeting in Tel Aviv and vote according to their conscience.(more inside…)
Yoav_Chelouche3ITEM 3— exert from Scitex Corp Ltd., notice of annual meeting of shareholders (Dec 7, 2001).

PROPOSAL TO APPROVE CERTAIN TERMS OF COMPENSATION AND SEVERANCE OF THE COMPANY’S FORMER PRESIDENT AND CHIEF EXECUTIVE OFFICER,WHO WAS ALSO A DIRECTOR OF THE COMPANY

Under the Companies Law, the payment of compensation to Directors of the Company requires shareholder approval. Mr. Yoav Z. Chelouche, the former President and Chief Executive Officer of the Company, was a Director of the Company. Subject to shareholder approval, the Audit Committee and the Board of Directors of the Company have approved a 2001 management bonus plan that included Mr. Chelouche, as well as some additional provisions relating to Mr. Chelouche’s terms of severance.

The Board of Directors will present the following resolution at the Annual General Meeting:

“RESOLVED that the 2001 management bonus plan, to the extent that it related to Mr. Chelouche, a former Director of the Company, and the revised terms of severance for Mr. Chelouche, as approved by the Audit Committee and Board of Directors of the Company, be, and hereby are, approved.

The affirmative vote of the holders of a majority of the voting power of the Company represented at the meeting in person or by proxy and voting on the Ordinary Resolution is necessary for the approval of the said compensation and severance provisions for the Company’s former President and Chief Executive Officer.

Naotake_Oki

NUR Macroprinters http://www.nur.com
announced the appointment of Mr Naotake Oki as
President of NUR Japan.Nur Japan reports to the Nur South-Eastern office in China. Before joining NUR Japan,
Naotake Oki worked for seven years as General Manager of Sales
and Marketing for Scitex Digital Printing in Japan.
Prior to joining Scitex he worked for DuPont in Japan for 12
years in a variety of management roles, mostly within the
printing industry.

Uri_Feldman

Uri Feldman, President of the Israeli
Frontline PCB Solutions
uri-f@orbotech.co.il ,
joined Orbot in 1986 as marketing product line manager and then
moved on to Orbotech, as Business Development Manager and
subsequently, VP Customer Support for Orbotech Inc., US. Before
Orbot, Uri had been with Scitex in Israel and in Boston MA.
Frontline PCB Solutions, of Yavne, Israel http://www.frontline-pcb.com/index.html
is a joint venture between Orbotech
and Valor,
is a leading provider of top technology pre-production CAM,
archiving and engineering software solutions for the PCB
industry, Frontline’s R&D and management teams are based in
Israel, with worldwide sales and support through Orbotech and
Valor subsidiary offices around the globe. Valor Computerized
Systems is a developer of multi-platform, object-oriented EDA/
CAD/ CAM solutions to the PCB layout design and PCB assembly and
manufacturing markets.

Hohey_Salzman

For those of you
who didn’t know, Hohey Salzman (hohey.salzman@hitext.com),
a 19-year veteran of Scitex Europe, is still in Brussels,
Belgium. After leaving Scitex Europe almost 3 years ago, Hohey
joined his wife Ren

Aprion_bunch

Born at Scitex, Aprion Digital Ltd. of Israel, is infested with ExScite’s, both employees and management. We wish to congratulate Aprion on their new web site, in which you can find details on all these ExScite’ing people:
from the left-(upper row) Dr. Miki (Michael) Nagler President & CEO, Hagar Alexandroni-Shein Finance Director, Dana Kontes Human Resources Director, Asa Ziv VP Marketing & Business Development
(Lower row ) Avi Huppert General Manager & E VP, Christos Tatsis VP Sales & Distribution, Eli Vronsky VP R&D, Aharon Korem Chief Engineer & Senior Fellow.

Marco_Baio

Objet Geometries announced the appointment of Marco Baio Marco_Baio@2objet.com as manager of its European operation. Marco previously held several sales management positions in IBM and in Scitex Corporation.
Prior to joining Objet, he acted as general manager of Scitex Germany GMBH, selling and supporting digital printing and digital prepress systems.
Objet Geometries www.2objet.com develops and produces three-dimensional network printers and materials that create models directly from three-dimensional CAD files using innovative hardware, software and polymer materials. Based in Rehovot, Israel, Objet was founded in 1998 and has offices in the US and Belgium, with 70 people worldwide. Objet?s CEO David Ofek david_ofek@2objet.com is an ExScite himself, the former CEO of Scitex Europe. Scitex Corp. owns 19% of Objet.

NetMount


NetMount, a Telecommunications company, has completed its first
round (SEED) of venture capital financing, raising $5 million.
The company was founded in 4/2000 by (what else?) 3 ExScite?s,
Erez Goren, Eyal solomon and Yoram Hass

Erez Gorenerezg@netmount.coml is CEO and Founder Prior to founding NetMount,
Erez was the co-founder of 2 companies: Presspoint and Portalis.
In addition, Erez was a leading software engineer at Scitex
responsible for a team of top engineers.
Eyal Solomon
eyalsol@netvision.net.il
is VP R&D, Prior to founding NetMount, Eyal was the
co-founder of 2 companies: Presspoint and Portalis. Before this,
Eyal was a software team leader at Scitex.
Yoram Haas